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2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank become 1st bank in India to launched Infinite India the online platform for Foreign Companies?
A
SBI Bank
B
HDFC Bank
C
ICICI Bank
D
RBI
Explanation: 

Detailed explanation-1: -ICICI Bank has announced the launch of an online platform for foreign companies looking to establish or expand business in the country. Called ‘Infinite India’, the platform offers them banking solutions as well as value-added services.

Detailed explanation-2: -The first bank of India was the “Bank of Hindustan”, established in 1770 and located in the then Indian capital, Calcutta.

Detailed explanation-3: -Mumbai: ICICI Bank today announced that it has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, including customers of other banks.

Detailed explanation-4: -ICICI Bank was the first bank to introduce internet banking facility in the country in order to enable individuals and corporates to transact online without visiting the branch. It was also the first bank to start mobile banking in the country.

Detailed explanation-5: -Central Bank of India was the first Bank to introduce credit cards in India.

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